Vinay Industries Limited

Edible oil manufacturer with two facilities in Gujarat, promoted by Mr Damodia and family.

1974 | Daskoi, Gujarat (India) | Active
Last Updated: July 03, 2024

Vinay Industries Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 21.16 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 82.37 Cr
  • Satisfied Charges ₹ 57.33 Cr
  • Revenue Growth 69.95%
  • Profit Growth 56.60%
  • Ebitda 40.18%
  • Net Worth 22.09%
  • Total Assets 6.18%

About Vinay Industries

Vinay Industries Limited (VIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 November 1974 and has a history of 50 years and two months. Its registered office is in Daskoi, Gujarat, India.

The Corporate was formerly known as Vinay Industries Private Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 21.16 Cr.

The company currently has active open charges totaling ₹82.37 Cr. The company has closed loans amounting to ₹57.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vinay Industries Limited India are Jigneshkumar Butani as COMPANY SECRETARY and Rajesh Kakadiya as Cfo. Binaben Domadia, Vijay Domadia, Rameshchandra Domadia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Daskoi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15140GJ1974PLC002624

  • Company No.

    002624

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1974

  • Date of AGM

    19 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages
Manufacturing

What products or services does Vinay Industries Limited offer?

Vinay Industries Limited offers a wide range of products and services, including Seeds and Plant Saplings, Bean Seeds, Cooking Spices and Masala, Seed Spices.

Who are the key members and board of directors at Vinay Industries?

Executive Team (3)

Name Designation Appointment Date Status
Vijay Domadia Country flag representing In Managing Director 25-Nov-1974 Current
Jigneshkumar Butani Company Secretary 08-Aug-2021 Current
Rajesh Kakadiya Country flag representing In CFO 17-Dec-2015 Current

Board Members (5)

Name Designation Appointment Date Status
Kishorkumar Hingrajiya Country flag representing In Director 17-Dec-2015 Current
Binaben Domadia Country flag representing In Director 23-Apr-2023 Current
Rameshchandra Domadia Country flag representing In Director 29-Jun-2021 Current
Batukbhai Mathukiya Country flag representing In Director 19-Sep-2023 Current
Kantilal Zanzarukia Country flag representing In Director 07-Aug-2021 Current

Financial Performance of Vinay Industries.

Vinay Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.95% increase. The company also saw a substantial improvement in profitability, with a 56.6% increase in profit. The company's net worth Soared by an impressive increase of 22.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
69.95%
Revenue from Operations
69.87%
Total Assets
6.18%
Profit or Loss
56.60%
Net Worth
22.09%
EBITDA
40.18%

What is the Ownership and Shareholding Structure of Vinay Industries?

In 2023, Vinay Industries had a promoter holding of 20.01% and a public holding of 79.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.37 Cr

Satisfied Charges

₹57.33 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 63.71 Cr
  • Hdfc Bank Limited : 18.66 Cr

Latest Charge Details

Date Lender Amount Status
25 May 2023 Hdfc Bank Limited ₹3.00 M Open
25 Jul 2022 Hdfc Bank Limited ₹1.12 M Open
11 Apr 2022 Axis Bank Limited ₹2.94 Cr Open
29 Jun 2021 Hdfc Bank Limited ₹1.33 M Open
06 Jan 2021 Hdfc Bank Limited ₹2.96 Cr Open

How Many Employees Work at Vinay Industries?

Vinay Industries has a workforce of 32 employees as of Mar 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vinay Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vinay Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vinay Industries

Recent activity within the organization

  • Annual General Meeting

    Vinay Industries Limited last Annual general meeting of members was held on 19 Sep 2023 as per latest MCA records.

    19 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100734121 was registered on 25 May 2023.

    25 May 2023

  • Director Appointment

    Binaben Vijaybhai Domadia was appointed as a Director was appointed as a Director on 23 Apr 2023 & has been associated with this company since 1 year 9 months .

    23 Apr 2023

  • Balance Sheet

    Vinay Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100603594 was registered on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 60.77 Cr registered on 21 Feb 2013 with Charge ID 10410977 was modified on 13 Jul 2022.

    13 Jul 2022

Frequently asked questions

  • Vinay Industries Limited was incorporated on 25 Nov 1974.

  • The authorized share capital of Vinay Industries Limited is ₹ 30.00 Cr and paid-up capital is ₹ 21.16 Cr.

  • Currently 8 directors are associated with Vinay Industries Limited.

    • Jigneshkumar Chandulal Butani
    • Binaben Vijaybhai Domadia
    • Vijay Kanaiyalal Domadia
    • Rameshchandra Veljibhai Domadia
    • Rajesh Popatbhai Kakadiya
    • Batukbhai Babubhai Mathukiya
    • Kantilal Mohanlal Zanzarukia
    • Kishorkumar Premjibhai Hingrajiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinay Industries Limited is C/O. Gujarat Agro Processors N.H.No. - 8 Bareja Gam Bareha, Daskoi, India, 382425.

  • The corporate identification number (CIN) of Vinay Industries Limited is U15140GJ1974PLC002624 and the company number is 002624 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vinay Industries Limited is https://www.vinaygroups.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vinay Industries Limited has risen by 69.95%.

  • As Per 2023 financial reports, 32 employees are currently employed by Vinay Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vinay Industries Limited has experienced an upsurge of 22.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vinay Industries Limited amount to ₹ 82.37 Cr.

  • The most recent Balance Sheet for Vinay Industries Limited was filed with the ROC on 31 Mar 2023.

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